BSI STEEL LIMITED - DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

BSI Steel Limited
(Incorporated in the Republic of South Africa)
(Registration number 2001/023164/06)
JSE code: BSS
ISIN: ZAE000125134
(“BSI” or "the Company")


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR
In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings
Requirements, the Company hereby discloses the following dealing in securities by
an associate of a director:

Name of director:                        Mr William Battershill

Designation:                             Chairman and CEO of BSI

Name of associate and relationship       Battershill Investments (Pty) Ltd – of which
with director:                           Mr Battershill is a director, the shares of
                                         which are held by the Longfellow Trust –
                                         50% (of which Mr Battershill is a trustee and
                                         beneficiary) and by the Denbigh Trust – 50%
                                         (of which Mr Battershill is a trustee and
                                         beneficiary)

Date of transaction:                     25 January 2016

Nature of transaction:                   Purchase of BSI securities
                                         (on-market transaction)

Class of securities:                     Ordinary shares

Number of securities:                    300


Price per security (cents):              34.00


Value of transactions:                   R102.00

Nature of interest:                      Indirect Beneficial

Clearance obtained:                      Not applicable


Johannesburg
26 January 2016

Designated Advisor:
Sasfin Capital (a division of Sasfin Bank Limited)

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